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North Africa Business
145 posts
33rd Edition International Agricultural Expo Opens in Egypt
Egypt has opened the 33rd edition of the Sahara expo, the International Agricultural Exhibition for Africa and the…
Egypt’s Suez Canal Temporarily Blocked Again
A ship got briefly stranded in the southern part of the Suez Canal on Thursday, before being freed.…
Egyptian Property Firm, TMG, Posts 375% Increase in Sales for H1
Talaat Moustafa Group (TMG), one of the largest conglomerates in Egypt, saw a jump in sales growth by…
Egypt International Reserves Rise to $40.6Bln
Egypt’s net international reserves (NIRs) rose slightly to $40.6 billion in July, up from the $40.5 billion recorded…
Egypt to Build Africa’s Biggest Desalination Plants
Egypt has announced that it will be setting aside US$2.8 billion for implementation of a five-year plan to construct 47 seawater desalination plants.
Egypt’s January-June Tourism Revenues at $3.5-4 Bln
Egypt’s Deputy Minister of tourism, Ghada Shalaby, says the country’s tourism revenues were between $3.5 billion to $4…
Morocco to Resume Int’l Travel on June 15
Morocco plans to reopen its airports and ports to international passenger traffic from June 15, both for its…
Algeria Resumes Flights, 14 Months After Shut Down
Algeria has partially reopened its skies to commercial flights after 14 months in a bid to keep out…
African Trade Finance Report Reveals $5bn Capital Outflow in 2020
According to the report, the supply of trade finance was affected between the first quarter of 2020 due to the COVID-19 pandemic and the inherent tightening of financial conditions and the heightening balance of payment pressures and liquidity constraints.
Nigeria’s SEC Working with CBN to Lift Crypto Trading Ban
He stated that the exchange commission had halted the implementation of cryptocurrency assets guidelines due to a lack of access to Nigerian Deposit Money Bank accounts.